Florida gas prices drop from 2023 high, but likely not for long
Image via Paul Brennan of Pixabay.

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Florida drivers and motorcyclists are still paying 7 cents more than this time last year.

Florida gas prices have dipped from the 2023 high they hit a little more than a week ago, but hot weather and reduced oil production likely won’t see costs drop too low in the near future.

Prices at the pump across the state fell to $3.73 per gallon Monday, according to AAA — the Auto Club Group.

That’s 11 cents cheaper than the peak price Sunshine State motorists paid so far this year. It’s also 12 cents lower than the national average. Despite the drop, Florida drivers and motorcyclists are still paying 7 cents more than this time last year.

“Florida drivers are likely relieved to see gas prices move lower again, but that downtrend may not last long,” AAA spokesperson Mark Jenkins said in a statement.

“Last week, gasoline futures prices rebounded to the same levels that led to the 2023 highs we saw earlier this month. Since it can sometimes take a week or two before changes in the futures market hits the retail side, drivers could see gas prices move higher earlier this week or next.”

Gas futures have risen, according to the Oil Price Information Service, as some refineries deal with extreme heat, which can cause equipment failures, and intentional cuts to petroleum output made by Saudi Arabia and other OPEC members. Electrical outages and other severe weather issues also contribute to a reduced gas supply.

Jenkins said fluctuations this time of the year alongside regional electrical outages and severe weather are not uncommon.

“The long-term forecast is unclear, as hurricane season remains a major wild card,” he said. “Gas prices could spike if a hurricane threatens refineries along the Texas, Louisiana and Mississippi coastlines.”

The most expensive metro market in Florida for gas was once again West Palm Beach-Boca Raton, where drivers are paying upward of $3.91 per gallon, followed by Naples ($3.88 per gallon) and Gainesville ($3.83).

Meanwhile, the cheapest places to fill up are the areas of Crestview-Fort Walton Beach ($3.54), Panama City ($3.57) and Pensacola ($3.57).

Jesse Scheckner

Jesse Scheckner has covered South Florida with a focus on Miami-Dade County since 2012. His work has been recognized by the Hearst Foundation, Society of Professional Journalists, Florida Society of News Editors, Florida MMA Awards and Miami New Times. Email him at [email protected] and follow him on Twitter @JesseScheckner.


8 comments

  • Earl Pitts "A True Man of The People" American

    August 14, 2023 at 11:35 am

    Good mornting America,
    This Bidenflation just cost the left the 2024 election regardless of which puppet they choose to prop up for their 2024 epic fail.
    So remember America, you heard it here first. Coming to you live and in person from the headquarters of The Earl Pitts American Fan Club. From the one and only hard working, good looking, fantisy stallion-stud of all women, Earl Pitts “Most Loved Most Hated” American.
    Thank you American Patriots and thank you to all my many adoring fans on the “Dook 4 Brains Leftist Side of The Political Spectrum”,
    Earl Pitts American

    • Dont Say FLA

      August 14, 2023 at 12:38 pm

      But pops inflation is a worldwide thing due to the (so-called) “Covid” supply chain issues and then escalated by China doing that last lock down even after vaccines were widely available and most of the frail and elderly types who were gonna die had already died so even cared by then.

      The USA inflation rate is one of the lowest in the world. USA economy has recovered faster and better than the rest of the world. Except for Florida.

      Florida lags, standing alone in the USA with its economy on a pace of recovery (continued decline, honestly. barely, but honestly) similar to that of Ivory Coast in West Africa.

      • Pops Pitts American

        August 14, 2023 at 12:50 pm

        Thank you my beloved offspring,
        You are very wise in your mastery of political world history. I am so proud of you and am fine tuning my views based on your wisdom.
        Still going to dinner later with your old Pops?
        Much love,
        Pops

  • Dont Say FLA

    August 14, 2023 at 12:33 pm

    Gotta give credit where credit’s due. Gasoline prices are down in Florida, and it’s because of Governor Ron DeSantis hard work.

    Ron occasionally produces good effects for citizens, though it’s always an unintended side effect consequence such as gas prices declining due to tourism being down so bigly from this time last year.

    Because of Ron’s culture wars, a lot of “day’s drive” vacationers from the SE are picking Myrtle Beach, Gulf Shores, Savannah & Tybee Island, basically anywhere and everywhere except Ron DeSantis’ Florida, for their beach vacation within a day’s drive.

    Even Disney World is having to run specials for its Orlando location. All other Disney locations around the world are profiting smashingly, but the one in Florida is suffering due to its location in Florida. Ron will consider that a win for Ron even though it’s a loss for Florida.

    Florida is losing so much we might have to move its capital letter position, traditionally held by its F, to the next position, L. fLorida.

    Ron DeSantis capitalized the L in fLorida.

  • PeterH

    August 14, 2023 at 12:52 pm

    USA oil production is up 16% from 2016.

    https://marketrealist.com/2017/12/us-crude-oil-production-risen-16-since-july-2016/

    Republicans like to point to gasoline at the pump during the Trump administration hovering around $2.50 per gallon ….. that’s nice but everyone who pays attention knows that supply and demand determine fossil fuel prices and YES in the middle of COVID the price of refined gasoline was $2.50 per gallon when Americans were not traveling and the world’s mobility significantly slowed.

  • JenniferChris

    August 14, 2023 at 1:12 pm

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  • martucci

    August 20, 2023 at 2:06 pm

    We the working people, the retired people, all the people, simply cannot afford another 4 years of dementia Joe, or any democrat in the White house.

Comments are closed.


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